ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In order for your business to be successful you need to have ____ ?
A
won a business competition and get the help of experienced entrepreneurs.
B
a well-placed market segment.
C
a larger market share than your competition.
D
None of the above
Explanation: 

Detailed explanation-1: -Definition: A market challenger is a company which tries to expand its market share by aggressively flooding the market with its products at competitive prices.

Detailed explanation-2: -Develop a Business Plan. Whether it’s a new business, a new product or a revamping of either one, create a plan for how you plan to achieve your success. Create Achievable Goals. Organize Your Organization. Engage Your Employees and Care for Your Customers. Master Your Message. Final Thoughts. 11-Sept-2019

There is 1 question to complete.